India Financial News

Subscribe to enjoy similar stories.Jim Courier, former World No.1, called it the revenge tour. Last year, Jannik Sinner missed out on some of the biggest events on the tennis tour—Indian Wells, Miami, Monte Carlo and Madrid—since he was serving a three-month doping ban.

Subscribe to enjoy similar stories.The fiscal year 2026-27 has just begun, but several small-cap stocks are already attracting market attention for their momentum.Despite volatility in the broader market, a few fundamentally strong smallcaps are witnessing sharp investors interest backed by strong earnings growth, robust order book, improving margins, and expanding business opportunities.Historically, some of the biggest wealth creators in the Indian stock market have emerged from the smallcap space, especially during the early phase of a new financial cycle.And interestingly, a fresh set of small-cap companies is now rapidly moving into the spotlight as investors hunt for the next phase of high-growth opportunities.Here are some of the top-performing smallcap stocks of FY27 till 11 May 2026 that have caught strong market attention with impressive performance and business growth potential.We focus on companies with consistent positive sales and net profit growth over the last 3 years, debt-to-equity below 1, ROE above 15%, and market capitalisation below ₹100 billion (bn).A leading manufacturer of winding and conductivity products used across transformers, renewable energy, power transmission, EVs, railways, and industrial infrastructure.The company has a diversified portfolio of more than 8,500 SKUs across copper and aluminium-based electricals products.The stock has emerged as one of the top-performing small-cap stocks of FY27 so far, surging nearly 83% since April 2026.The sharp rally was primarily driven by the commencement of commercial production at its wholly owned subsidiary, ALCU industries, which significantly boosts the company’s manufacturing capacity and growth visibility.Vidya Wires is currently the

Subscribe to enjoy similar stories.Karan Mahajan’s third novel The Complex is aptly titled, as it is set in a warren of apartments that belong to the Chopra family in Model Colony, north Delhi. The word “complex” itself denotes psychology (inferiority complex, god complex and the like), architecture (a building with added features), and of course everyday language (complicated).

Subscribe to enjoy similar stories.How do you become a vessel for the exiled? In an effort to take displaced bodies (back) to a land from which they have been banned, multimedia Palestinian artist Emily Jacir travelled to West Bank and Gaza between 2001 and 2003. Her American passport allowed her access to cities like Jerusalem, Haifa, Nazareth, Jericho, Ramallah, Bayt Lahia, the villages of Dayr Rafat and Dhinebeh, among other places.

Subscribe to enjoy similar stories.On an unusually mild May morning, Sunder Nursery in Delhi’s Nizamuddin Basti area is all abuzz. Quite literally. Behind the stone wall marking the end of the territory accessible to visitors, some winged creatures are fluttering around over a few private acres of wilderness.

Subscribe to enjoy similar stories.I first heard about Margherita 10 years ago and was immediately intrigued. A short and very scenic drive from Dibrugarh, this village in Assam remained on my bucket list since, and last week, the trip finally materialised.Its claim to fame is not just as the source of India’s tea story but also of oil, coal and plywood. The Digboi oil refinery is a stone’s throw from here, oil having been discovered accidentally while the railway line was being built in 1881.

Subscribe to enjoy similar stories.For many of us, a delayed meal is just a minor inconvenience. At most it makes us irritable, but generally, like nature’s call, hunger can be kept at bay for an hour or two: we can starve through unending meetings without harm to ourselves, and can even extend joyful moments well past mealtime. But did you know that being able to dodge food—for just half an hour more without an ounce of anxiety—could be a real superpower?Over 100 million Indians live with diabetes, and many use medication, including insulin shots.

Subscribe to enjoy similar stories.Climate Change & You is a fortnightly newsletter written by Bibek Bhattacharya and Sayantan Bera. Subscribe to Mint’s newsletters to get them directly in your inbox.How much nations consume, and how extravagantly, has a direct impact on the health of the planet, via what is known as the carbon footprint of consumption.

Subscribe to enjoy similar stories.In the mid-1980s, when a personal computer in India cost as much as ₹80,000, a young Tamil entrepreneur walked into the stalled market and crashed prices by more than half.Chinnakannan Sivasankaran, known simply as Siva, had just bought Sterling Computers from Robert Amritraj, father of tennis star Vijay Amritraj. His opening move was to launch the Siva PC at ₹33,000 with the tagline “The Power of Siva.”The market responded immediately as rivals were forced to cut prices.

Subscribe to enjoy similar stories.From Prime Minister Narendra Modi urging austerity measures as the West Asia war inflated India’s import bills, to the Centre raising minimum support prices for key kharif crops to ensure food security, retail inflation edging up on rising energy-linked items, the government banning sugar exports to protect domestic supplies, and India among top countries for disaster-related displacements in 2025—here is a compilation of this week’s news in numbers.As the West Asia war disrupts global supply chains and pushes up India’s import bill, PM Modi has urged citizens to adopt austerity measures to ease pressure on the economy.In the public address, Modi called on households to avoid non-essential gold purchases, overseas holidays and destination weddings for a year, while urging farmers to reduce fertilizer use by half.The appeal comes amid mounting stress on India’s external balances, with the rupee weakening and the current account deficit facing renewed pressure.India remains heavily dependent on imports of crude oil, vegetable oils, fertilizers, gold and silver. Trade data show that India imported over $290 billion worth of these commodities in 2025-26 — nearly 38% of the total import bill of $776 billion.Amid heightened global volatility and supply chain concerns stemming from the West Asia war, the Union cabinet this week approved a series of measures aimed at strengthening India’s food security, including higher minimum support prices (MSPs) for key kharif crops.

Subscribe to enjoy similar stories.New Delhi: The government plans to convert remote forest villages into tourist destinations by building 500 tribal-run homestays in the financial year starting April 2026, as India seeks to spread the economic benefits of the travel market, two government officials said.The initiative, part of the Pradhan Mantri Janjatiya Unnat Gram Abhiyan scheme under the Swadesh Darshan programme, which has a ₹1,905 crore outlay for 2026-27, will offer tribal households financial assistance of up to ₹5 lakh each for constructing new rooms and up to ₹3 lakh for renovation of existing rooms, the two officials said on the condition of anonymity. Six projects are expected to be sanctioned under the scheme during the fiscal year, the first person mentioned above said.The plan was outlined by the expenditure department to the tourism ministry in a communication reviewed by Mint.The plan targets the 104 million tribal citizens, about 8.6% of the country’s population, concentrated in states like Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Gujarat, and Jharkhand, as well as in the Northeast.

Subscribe to enjoy similar stories.Mumbai: India’s bond market is beginning to price in possible RBI rate hikes later this year after Friday’s fuel price increase renewed concerns over inflation, pushing government bond yields higher and reviving debate over whether the RBI may eventually need to raise rates.On Friday, the benchmark 10-year government bond yield climbed 4 basis points (bps) to 7.06% after state-run oil marketing companies raised petrol and diesel prices by about ₹3 per litre. The yield had already risen around 10 bps since last week to close at 7.02% on Thursday, according to Bloomberg data.

Subscribe to enjoy similar stories.NEW DELHI: Telecom operator Reliance Jio has opened its low-cost 4G feature phone recharge plans to rival devices after the Telecom Regulatory Authority of India (Trai) flagged device-specific tariffs as “discriminatory”, according to people aware of the matter and changes seen on the company’s website.The move, analysts said, could widen Jio’s reach among feature phone users but dilute one of its key customer lock-in advantages.The change means users of 4G feature phones with physical keypads from brands such as Nokia, Lava and itel can now access Jio’s low-cost recharge plans that were earlier restricted to its own JioBharat and JioPhone devices.The move follows Trai’s March directive asking Jio to stop certain tariff practices that the regulator said violated transparency norms and disadvantaged consumers. “(D)evice-specific tariffs are treated as discriminatory and disadvantageous to the consumers as the offered tariff plans can be accessed only upon purchase of particular make/technology device,” Trai said.Jio communicated compliance with Trai’s March 24 directions to the regulator a few weeks ago, according to two people aware of the matter.

Subscribe to enjoy similar stories.New Delhi: India’s latest fuel price increase is expected to raise cultivation and transportation costs across the farm sector ahead of the crucial kharif sowing season, potentially adding fresh pressure on food inflation in the coming months, according to farmers, economists and agriculture experts.Oil marketing companies on Friday raised petrol and diesel prices by ₹3 per litre as a surge in global crude oil prices was hurting their margins. Following the hike, diesel prices in New Delhi rose to ₹90.67 a litre, while rates in Kolkata and Chennai increased to ₹95.13 and ₹95.25, respectively.The development assumes significance as the agriculture sector accounts for nearly two-fifths of India’s annual diesel consumption of around 92 million tonnes.

Subscribe to enjoy similar stories.Persistent tensions in West Asia and a worsening energy crisis at home dragged Indian equities to their worst weekly performance in two months. The Nifty 50 ended the week 2.2% lower at 23,643.50, while the Sensex fell 2.7% to 75,237.99.

Subscribe to enjoy similar stories.The ₹3-per-litre rise in petrol and diesel prices is expected to increase supply chain costs across India, with logistics, quick commerce and consumer goods companies preparing for higher transport and delivery expenses amid weak demand and rising input costs.Several companies Mint spoke to, including MilkyMist, iD Fresh Food, BigBasket, Zippee, The Organic World, ColdStar and StoveKraft, warned that prolonged high fuel prices could force them to rethink pricing strategies.If fuel prices remain elevated for several quarters, companies across sectors may tighten free-delivery thresholds, reduce discounting, increase minimum order values, and limit ultra-fast deliveries in lower-density areas, experts and industry executives said.According to Vijay Kumar of the Express Industry Council of India (EICI), an industry body representing India's courier and express logistics sector, long-haul trucking will be among the first segments to feel the impact, followed by the broader road transport network as diesel remains a key component in freight movement. “There will be a cost that will come in because fuel is critical to our flying power,” he said.Several logistics companies operating in long-distance freight transportation have limited ability to offset costs immediately as they are heavily dependent on fossil fuels, he added.

Subscribe to enjoy similar stories.Vertex Ventures Southeast Asia and India is actively scouting for hardware and deeptech investments, with a sharp focus on semiconductors, robotics, and battery technology, according to a top executive at the firm.“It's definitely a new space for us, but it makes sense due to how geopolitics is playing out. In the past two years, companies have been looking to be more independent and move away from relying on China,” Ben Mathias, managing partner at the firm, told Mint in an interview.Vertex Ventures is the latest firm to build a deeptech investment thesis in India, joining a sector buoyed by the growing demand for "sovereign technology”.

Subscribe to enjoy similar stories.The memory of the 1999 supercyclone in Odisha is as vivid as a nightmare for Bina Kandi of Biluamundali village in Puri’s Astarang block. She was pregnant and the flooding in her village was catastrophic. “The water rose up to my neck, the walls of my house were damaged and my family had to take shelter in a nearby structure to survive,” says Kandi, 55.

Subscribe to enjoy similar stories.By the time four thugs corner SHO Pawan Malik (Saif Ali Khan) in his home, Kartavya has been simmering for an hour and 15 minutes. Threats are made; Saif folds his arms and tells them to do their worst. I was ready for him to knock them out cold, but then something interesting happens.

Subscribe to enjoy similar stories.Tata Cliq, the flagship e-commerce platform of Tata Group, is focusing on premium brands, luxury shopping, and franchising marquee international brands in India as the size and scope of the country's e-commerce business grow rapidly.The company is betting on the upcoming India launch of the US premium athleisure brand Lululemon, expanding its luxury offerings, and introducing new categories such as supplements and other wellbeing products.This comes at a time when India’s e-commerce sector, with major players such as Amazon, Flipkart, and Meesho, continues to battle for scale while offering deep discounts. Tata Cliq is positioning itself around affluent consumers, curated offerings and premium experiences.Tata Cliq, which has been in business for ten years, is preparing to launch the first few stores of Lululemon in three months, chief executive Gopal Asthana told Mint.

Subscribe to enjoy similar stories.MUMBAI: In a move aimed at deepening India’s commodity derivatives market, the Securities and Exchange Board of India (Sebi) is holding early-stage discussions with market infrastructure institutions to allow foreign portfolio investors to trade bullion derivatives without participating in physical settlement, according to two people familiar with the matter.Foreign portfolio investors (FPIs) are currently allowed to trade only in non-agri commodity derivatives that are cash settled, such as crude oil and natural gas contracts. Sebi had opened up that segment to foreign investors in June 2022.